Overview of Mathigiri, Krishnagiri

Location

Mathigiri sits in Krishnagiri district, Tamil Nadu, India. It belongs to the Hosur region. This place is famous for its closeness to industrial centers and its developing residential zone.

Property Prices and Trends

• Average Price per Sq.Ft.: Property values in Mathigiri usually reach Rs. 5,200 per sq.ft. though it can vary based on location and type.
• Starting Price per Sq.Ft.: The entry-level property price starts at Rs. 666 per sq.ft.
• Year-on-Year Trend: The market exhibits a mixed trend. There was a decline of 27.42% year-on-year yet an increase of 11.91% overall in the last year, reflecting market changes.

Types of Properties Available

• Residential Plots: Typically priced between 50 and 75 lakhs, plots are offered by firms like G Square Housing.
• Independent Houses and Villas: Prices fall from Rs. 5,000 to Rs. 8,000 per sq.ft. depending on the property type.
• Flats and Apartments: Options like 2 BHK and 3 BHK flats are available. Rental prices fluctuate based on amenities. For example, a 2 BHK might cost ₹13,000 for rent, including maintenance, along with a ₹75,000 deposit.

Amenities and Infrastructure

• Industrial Proximity: Located near several industrial zones, Mathigiri is convenient for factory workers.
• Residential Amenities: Often available, these include semi-furnished or fully furnished units, maintenance services, and tenant options (family-friendly, female, company).

Pros and Cons

Pros

• Real Estate Growth: The real estate sector’s expansion in this area makes it a great investment.
• Affordability: Entry-level prices remain lower than other urban locations.
• Near Key Areas: Proximity to Hosur and other industrial hubs makes commuting easy.

Cons

• Market Changes: Significant price shifts can be a risk for buyers.
• Limited Luxurious Choices: While luxury properties exist, the high-end market isn’t as vast as in larger cities.

PropertyWala's Conclusion

Mathigiri, Krishnagiri, boasts a blend of affordable and luxury properties in a real estate market with promise. It's close to industrial zones and growing residentially. Ideal for both investment and living. Buyers need to understand market fluctuations and trends before investing. Right conditions can turn Mathigiri into a successful investment or home.